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After finishing at $22.00 in the prior trading day, Progyny Inc (NASDAQ: PGNY) closed at $21.68, down -1.45%. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 1.13 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PGNY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.49. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
On November 13, 2024, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $26 to $19.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 26 ’24 when Schlanger David J bought 150,000 shares for $14.68 per share. The transaction valued at 2,202,330 led to the insider holds 228,269 shares of the business.
Anevski Peter bought 209,500 shares of PGNY for $3,034,084 on Dec 23 ’24. The CHIEF EXECUTIVE OFFICER now owns 441,463 shares after completing the transaction at $14.48 per share. On Dec 09 ’24, another insider, SEIDENBERG BETH C, who serves as the Director of the company, bought 39,680 shares for $15.82 each.
Valuation Measures:
As of this moment, Progyny’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.26, and their Forward P/E ratio for the next fiscal year is 25.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 3.98.
Stock Price History:
Over the past 52 weeks, PGNY has reached a high of $30.42, while it has fallen to a 52-week low of $13.39. The 50-Day Moving Average of the stock is -1.21%, while the 200-Day Moving Average is calculated to be 8.85%.
Shares Statistics:
A total of 85.67M shares are outstanding, with a floating share count of 71.65M. Insiders hold about 16.41% of the company’s shares, while institutions hold 94.65% stake in the company.
